Loose Leaf for Fundamental Accounting Principles
Loose Leaf for Fundamental Accounting Principles
23rd Edition
ISBN: 9781259687709
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 17, Problem 16DQ
To determine

Concept Introduction:

Debt-ratio: Debt-ratio is the solvency ratio that measures a firm’s total liabilities as a percentage of its total assets. Debt ratio shows, a company’s ability to pay off it liabilities with its assets.

Debt – ratio is calculated as under –

Debt-ratio = Total LiabilitiesTotal assets

To compute:

Debt – ratio of Samsung for the year ended on –

1. December 31, 2015

2. December 26, 2014

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Chapter 17 Solutions

Loose Leaf for Fundamental Accounting Principles

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Financial ratio analysis; Author: The Finance Storyteller;https://www.youtube.com/watch?v=MTq7HuvoGck;License: Standard Youtube License